VietNam (LON:VNH) Trading Up 1.3% – Here’s Why

VietNam Holding Limited (LON:VNH)’s stock price was up 1.3% during mid-day trading on Thursday . The company traded as high as GBX 372 and last traded at GBX 366.87. Approximately 41,879 shares traded hands during trading, an increase of 12% from the average daily volume of 37,372 shares. The stock had previously closed at GBX 362.

VietNam Stock Performance

The business has a 50-day moving average of GBX 371.92 and a 200-day moving average of GBX 382.89. The stock has a market capitalization of £70.56 million, a price-to-earnings ratio of 9.05 and a beta of 0.51.

About VietNam

Vietnam Holding (VNH) invests in high-growth companies in Vietnam, focusing on domestic consumption, industrialisation and urbanisation. Launched in 2006, VNH is a closed-end fund listed on the London Stock Exchange.

The Company’s investment objective is to achieve long term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation.

Vietnam Holding (VNH) has been firmly committed to applying sound sustainability criteria at the heart of its investment approach for ten years now.